I know you "can't time a market", and with most of the technical indicators I am still very much a rookie -- but is there any general advice on the best time to liquidate a position you held overnight?
I've been swing trading and holding overnight and selling in the morning. Stopped selling right at open because I felt like it didn't give market time to adjust, so started selling 5 minutes after market open but continually finding I'm selling exactly on a dip (eg. HTZ this morning -- 5 minutes after open it dipped to 3.11, I sold, then it immediately shot up to 3.40-3.50)... I'm fine with missing out on the gains later in the day (like when HTZ shot up again to 4+) as I understand the risk is it could go south just as easily... But are there any kind of easily readable indicators that should be telling me "Don't sell this right now, wait at least another 5-10 minutes!" ??